Results tagged “stock”

Google founders Larry Page and Sergey Brin will cede their voting control of the company over the next five years through stock sales, netting US$2.75 billion each in the process, based on Friday's share price, Telegraph.co.uk reported.

However, they will still hold 48 percent of voting rights - about 15 percent of the equity - at the company between them, the Financial times pointed out Friday.

Gannett Co., Inc.'s (NYSE: GCI) Board of Directors today announced that a dividend of
4 cents per share would be paid on January 4, 2010 to shareholders of record as of
the close of business on December 11, 2009, Reuters reported today.

Gannett reported consolidated 3Q revenues of US$1.34 billion, down 18 percent from a year ago but exceeding the company's forecast of $1.32 billion, TVB reported today. Net income was $73.8 million versus $158.1 million for 3Q08. The company declared 4 cent dividends in April and July as well. Gannett publishes 84 U.S. dailies, including USA Today, according to Business Wire.